• Listing ID: 408606
  • (Seller ref: 8122DE)

Derby Freehold Newsagents For Sale


Price Reduced

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Asking price:
£210,000
Sales revenue:
£191,623
Cash flow:
Available on request

1/1


We have been instructed to offer this well established and popular newsagent for slae.

Under the ownership of the current vendors for over 20 years, it is now reluctantly offered for sale due to the vendor’s retirement plans.

This spacious semi detached premises consists of a good sized extended sales area plus family living accommodation and is currently staffed by a husband and wife team plus 1 part time member of staff.

The business currently offers all the usual newsagency and allied lines, together with a small selection of convenience groceries plus cigarettes and payzone.

All news delivery accounts are held on a computerised database and accounting system, which is included in the sale.

The business currently operates 6 morning delivery rounds, 7 evening rounds and 10 Sunday delivery rounds.

ref:8122DE

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through broker. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).


Property:
Freehold
Living accommodation:
BUSINESS PREMISES An attractive, two storey semi detached premises, decorated to a very high standard throughout with the added security of an alarm system and consisting of the following: Ground Floor - Double glazed glass frontage leading into - Main sales area with serving counter with computer system, payzone system and EPOS - Display racking to walls for newspapers, magazines, greetings cards - 3 chilled drinks cabinets - Food chiller - Ice cream fridge - Various other racks and stands - The sales area is fitted with non slip flooring and suspended ceiling - To the rear of the main sales area is a door leading into the store room, which also has a door leading out to the garden - To the rear of the serving counter, there is also a separate door leading to the owners living accommodation which can be accessed separately from the front of the premises. Owners Living Accommodation - Doorway to front of premises leading to - Hallway with stairs to first floor - Access door to main shop area - Doorway leading to lounge/sun room with UPVC double glazed doors leading out onto attractive garden - Doorway leading to fitted family kitchen with access door also to side of premises and store First floor - ‘L’ shaped staircase leading to landing with access into new fitted family bathroom - Office - Large double bedroom - Second large double bedroom - Large single bedroom External - Attractive lawned garden to rear of premises - Tarmaced area to front of premises - Large double length garage to side of premises - Paved to road to front
Location:
The business is ideally located in a small parade within a densely populated and sought after area of Derby. The business benefits from excellent parking facilities including parking to the front of the premises plus on street parking. There are excellent transport links including easy access into the city centre plus the A38 which leads to the M1 motorway and also the A50.
Premises details:
TENURE: Freehold


We are advised that the annual business rates are currently: TBC

Expansion potential:
While already a popular business, there is still excellent potential for further growth and expansion including extending the sales area into the stock room to the rear of the main store. Increasing the range of products offered perhaps alcohol and extended opening hours.
Trading hours:
7 Days a week
Related documents:

For more information about this business for sale, click the Contact Seller button.


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